Welcome to our dedicated page for Sonendo news (Ticker: SONX), a resource for investors and traders seeking the latest updates and insights on Sonendo stock.
News for Sonendo, Inc. (SONX) centers on its activities as a commercial-stage medical technology and dental technology company. Sonendo develops and manufactures the GentleWave System, a platform for treating tooth decay and performing root canal therapy by cleaning and disinfecting microscopic spaces within teeth without removing tooth structure. Company news often reiterates this focus on saving teeth from tooth decay and improving clinical outcomes in endodontic care.
Investors and dental professionals following Sonendo’s news can expect regular updates on financial performance, including revenue from GentleWave consoles, procedure instruments and other products, as well as disclosures on gross margin, operating loss, adjusted EBITDA loss and free cash flow burn. The company has reported on a strategic reset and restructuring efforts aimed at stabilizing revenue, expanding margins and reducing operating expenses and cash burn.
Sonendo’s news flow also covers product and technology developments, such as the launch of ProControl for the GentleWave G4 System. This software update is described as enabling optimized cleaning of complex anatomy, increased procedure efficiency and the ability to adjust procedure fluid concentration levels when using the CleanFlow procedure instrument. Such announcements highlight the company’s focus on evolving its GentleWave platform and supporting personalized treatment in endodontics.
Additional news items may include capital-raising and financing transactions, such as private placements of common stock and amendments to credit facilities, as well as strategic transactions like the Asset Purchase Agreement to acquire Biolase assets through a bankruptcy court process and updates on related patent litigation. Leadership and organizational updates, including changes in operational roles, also appear in Sonendo’s press releases. For a consolidated view of these developments, this news page aggregates Sonendo’s public announcements and market-facing communications.
Sonendo, Inc. (NYSE: SONX), a dental technology firm, will report its financial results for Q4 and the full year 2021 after market close on March 23, 2022. A conference call will follow at 1:30 PM PT / 4:30 PM ET to discuss these results. Investors can access the call by dialing (844) 200-6205 for domestic or (929) 526-1599 for international listeners, using access code: 450135. Live audio webcasts will also be available on the company's investor website.
Sonendo, Inc. (NYSE: SONX) announced preliminary revenue results for Q4 and full-year 2021. For Q4, revenue is estimated between
Sonendo, a leading dental technology firm, reported a 29% increase in total revenue for Q3 2021, totaling $7.9 million.
The GentleWave console revenue rose 44% to $1.8 million, while procedure instrument revenue climbed 30% to $3.7 million. Software revenue grew 17% to $1.7 million. The company completed its IPO on November 2, raising approximately $84 million.
For 2021, Sonendo projects total revenue between $32 million and $32.5 million.
Sonendo (NYSE: SONX) has appointed Raj Pudipeddi to its Board of Directors. Pudipeddi, currently an executive at Align Technology, brings 27 years of experience in brand-building and consumer products. His background includes leadership roles at Procter & Gamble and Bharti Airtel. Sonendo's president and CEO, Bjarne Bergheim, highlighted Pudipeddi's expertise in driving growth and innovation in transforming root canal therapy through the GentleWave System. This addition follows the recent announcement of three other new board members.
Sonendo, a dental technology leader, will release its third-quarter financial results after market close on December 9, 2021. A conference call will be held at 1:30 p.m. PT to discuss these results. The company is known for its GentleWave System, which enhances root canal treatments by effectively cleaning and disinfecting teeth, reducing post-operative discomfort, and improving clinical outcomes. Sonendo also owns TDO Software, which streamlines dental practice management.
Sonendo, Inc. (NYSE: SONX) has appointed Alma Salazar as the Associate Vice President of Professional and Consumer Marketing. Salazar brings extensive experience from Align Technology, where she led successful marketing campaigns. With approximately 17 million root canal procedures performed annually in the U.S. and Canada, Sonendo aims to enhance patient education about its GentleWave® System, which offers innovative alternatives to traditional methods. Salazar's expertise is expected to help Sonendo strengthen its market presence and improve patient outcomes.
Sonendo, Inc. (NYSE: SONX) has successfully treated over 700,000 patients using its innovative GentleWave® System, marking a significant milestone shortly after its IPO on October 29, 2021. The GentleWave System offers a less invasive alternative to traditional root canal therapy, utilizing advanced technology to enhance cleaning and disinfection within teeth while preserving tooth structure. Clinical outcomes are notably improved, with rapid healing rates and minimal post-operative pain reported. This achievement underscores the company's commitment to enhancing dental care.
Sonendo, a dental technology company, announced the appointment of three new board members: Carolyn Beaver, Karen McGinnis, and Sadie Stern, effective October 2021. These executives bring extensive experience from leading firms, with backgrounds in finance, accounting, and human resources. This move coincides with Sonendo’s initial public offering on the NYSE (SONX) and aims to enhance leadership as the company seeks to innovate in the endodontic sector. The company’s CEO highlighted that the new board members are pivotal to the future growth strategy.